ANALISIS PENGAKUAN PENDAPATAN DAN BEBAN KONTRAK PADA UD GUNAWAN STEEL

Abstract

The purpose of this study was to analyze the recognition of revenues and expenses and the contract should be in accordance with Financial Accounting Standards No. 34 at UD Gunawan Steel. Type of data used in this study is documentary data, while the source data is a primary and secondary data. Sampling procedures and data collection are taken through interviews, documentation, and observation. UD Gunawan Steel is a subcontractor of PT Megah Jaya Mujur located in Banjarmasin. The company develops buildings like shophouses, factories and residential communities. The problems that exist at UD Gunawan Steel is in recognizing revenue from the contract work is based on when cash is received in cash (the contract is completed) is equal to the number of terms are accepted without regard to the completion of the work on the preparation of financial statements, as well as in recognizing the burden of a contract based only the number of loads that have been issued, to complete the work in that period. This leads to the calculation and presentation of earnings from the contract work is being carried out not in accordance with Statement of Financial Accounting Standards. Based on the analysis, the earnings of contract revenue in 2010 according to the company after deducting the costs to the authors there is difference of Rp 200,747,351.00. While the analysis has been performed using the percentage of completion method of revenue earned greater. It is suggested the company should recognize contracts revenue applying percentage of completion method. One way to measure the stage of completion of the contract is based on a percentage of the applied load by the number of contracts that have been issued to complete the contract (expenses already incurred and estimated expenses in the following year). By applying this method, the company can make a profit or loss at each end of the year so that it can be seen, the development of (gains or losses) company in the end of each period and can reconcile the matching principle of revenues and expenses of the contract.